Bromwich+Smith

What Bromwich+Smith does

Bromwich+Smith is a privately held Canadian Licensed Insolvency Trustee (LIT) firm headquartered in Calgary, Alberta, operating nationally since 2000. The firm administers government-regulated debt relief solutions under Canada's Bankruptcy and Insolvency Act, serving individual Canadians with unmanageable unsecured debt (credit cards, personal loans, payday loans, CRA tax debt) and, to a lesser extent, small business owners facing CRA tax obligations.

The service portfolio centers on two regulated core products: Consumer Proposals (a legally binding repayment plan that can reduce debt by up to 80% over up to five years while preserving assets) and Bankruptcy (debt elimination typically discharged within nine months for first-time filers). Supporting these are a secure client portal ("Supportal") enabling 24/7 program management and paperwork submission, an interactive debt repayment calculator, mandatory financial counselling sessions, and free confidential consultations. The firm reports a 99% consumer proposal acceptance rate and a 97% completion rate, supported by 1,732 Google reviews averaging 4.8/5 stars.

The business runs on a regulated professional services revenue model where fees are set by federal OSB guidelines — first-time bankruptcy payments can be as low as $200/month over nine months. The go-to-market is consultative and digital-first, combining content marketing, SEO, social media (LinkedIn, Instagram, Facebook, YouTube), an extensive educational blog, and free no-obligation consultations to drive inbound demand. Delivery occurs via phone (toll-free 1-855-884-9243), in-person, and the Supportal portal. Leadership includes CEO Shelley Vandenberg (MBA, ICD.D) and Chief Insolvency Officer Jeff Lewis (CPA, CA, FCCA, CIRP, LIT), with no disclosed institutional or private equity backing.

Name

Bromwich+Smith

Legal name

Bromwich & Smith Inc.

Website

https://bromwichandsmith.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

101–250 employees

Short description

Bromwich+Smith is a Calgary-based Licensed Insolvency Trustee firm founded in 2000 that administers government-regulated consumer proposals and bankruptcy filings for individual Canadians with unmanageable unsecured debt, supported by a digital client portal and consultative service model.

Ownership category

akta.pro rank

Product category

Consumer Insolvency and Debt Relief Services

NAICS

Nondepository Credit Intermediation (5222), Credit Intermediation and Related Activities (522)

SIC

Personal Credit Institutions (6141)

akta.pro primary industry

Debt & Capital Advisory (Debt Raising, Refinancing, Private Credit) (BPAHAOAD)

Keywords

• Licensed insolvency trustee
• Debt relief services
• Consumer proposal administration
• Bankruptcy administration
• Debt consolidation

Headquarters

HQ city

Calgary

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Consumer Proposal Administration: Bromwich+Smith administers consumer proposals, a government-regulated debt relief solution. Fees are regulated by the federal government under the Bankruptcy and Insolvency Act. Clients make monthly payments based on what they can afford, with the trustee distributing funds to creditors.
2. Bankruptcy Administration: The company administers bankruptcy filings, a federally regulated process. Fees are set according to OSB guidelines. Typical first-time bankruptcy payments can be as low as $200 per month for nine months, with surplus income payments based on guidelines.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Bromwich+Smith is a Licensed Insolvency Trustee firm that administers government-regulated debt relief solutions for individual Canadians. The firm administers Consumer Proposals (legally binding repayment agreements that can reduce unsecured debt by up to 80%), Bankruptcy filings (legal discharge of unmanageable debts, typically within nine months for first-time filers), and Debt Consolidation options. All services are delivered by federally licensed trustees under Canada's Bankruptcy and Insolvency Act and are accessed via free, confidential consultations.

Product overview

Bromwich+Smith is a Licensed Insolvency Trustee firm offering government-regulated debt relief solutions in Canada. The company operates as a services company rather than a software platform, providing two primary debt relief programs: Consumer Proposals and Bankruptcy, both governed by Canada's Bankruptcy and Insolvency Act. These core services are complemented by debt consolidation options, a debt repayment calculator tool, and a client portal (Supportal) for managing programs. The firm also provides tax resources and mandatory financial counselling sessions as part of their service offering. All solutions are administered by Licensed Insolvency Trustees and are free to explore through no-obligation consultations.

Differentiator

Problem solved

Functional benefit

Products and services

• Consumer Proposal A formal, legally binding debt repayment agreement under Canada's Bankruptcy and Insolvency Act that allows individuals to repay a portion of their unsecured debt through one affordable monthly payment over up to five years, while keeping their assets. Can reduce debt by up to 80%.
• Bankruptcy A legal process under Canada's Bankruptcy and Insolvency Act that eliminates most unsecured debts, providing individuals with a fresh financial start, typically within nine months for first-time filers.
• Debt Consolidation A debt relief solution that combines multiple debts into one easy monthly payment, delivered through a consumer proposal as a government-regulated alternative to traditional consolidation loans.
• Free Consultation Free, confidential, no-obligation consultation with a Licensed Insolvency Trustee to assess the client's financial situation and explore debt relief options.

Quantifiable outcome

• Reduce debt by up to 80%
• +4 more outcomes

Named customers5 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered core and minor.

• Government of Canada (Office of the Superintendent of Bankruptcy)coreOthersBromwich+Smith operates as Licensed Insolvency Trustees regulated by the federal government through the Office of the Superintendent of Bankruptcy (OSB). All consumer proposals and bankruptcy filings are filed with and administered under OSB oversight. This is a mandatory regulatory relationship required for operating as an LIT firm in Canada.
• Canadian Association of Insolvency and Restructuring Professionals (CAIRP)coreOthersBromwich+Smith is a member of CAIRP, the professional association for Licensed Insolvency Trustees in Canada. Membership indicates professional standing and adherence to industry standards.
• Better Business BureauminorOthersBromwich+Smith maintains BBB accreditation, demonstrating commitment to ethical business practices and customer service standards recognized by the Better Business Bureau.

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Market position

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/c/bromwichsmith
• Facebookfacebook.com/BromwichandSmith
• LinkedInlinkedin.com/company/bromwichandsmith
• Instagraminstagram.com/BromwichandSmith

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bromwich+Smith